OMERS Ventures opens Silicon Valley office, hires Michael Yang
OMERS Ventures (OV) has expanded to the United States with the opening of an office in Silicon Valley. OV, the venture capital arm of the Ontario Municipal Employees Retirement System (OMERS), also said it hired Michael Yang to lead U.S. operations. Yang joins OV from Comcast Ventures, where he served as a managing director. Before then, he was an executive at Yahoo and a principal at Atlas Venture. OV Principal Michelle Killoran will relocate from Toronto to Silicon Valley to provide Yang with additional support. Managing Partner and Head of Ventures Damien Steel, who replaced John Ruffolo last year, said the new office and resources will allow OV to "deploy additional capital to startups in the U.S."
15 January 2019•1 min read
